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GBPUSD Weekly Technical Outlook: Seven Weekly Bear Candles Dominate


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Both daily and weekly GBPUSD charts remain weak and any rally will be met by strong resistance.

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AUD Prices May Fall Into 2019, AUD/CAD at Risk to Reversal Pattern


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The Australian Dollar may be setting itself up for declines in the final weeks of 2018. AUD/USD and AUD/NZD look vulnerable while AUD/CAD is overshadowed by a bearish reversal pattern.

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EUR/USD Technical Analysis: Triangle Setup Carries Bearish Cues

EUR/USD Technical Analysis: Triangle Setup Carries Bearish Cues

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The Euro looks to have carved out Triangle chart pattern, hinting at on-coming continuation of the dominant downward trend against the US Dollar.

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GBPUSD Weekly Technical Outlook: Seven Weekly Bear Candles Dominate

Both daily and weekly GBPUSD charts remain weak and any rally will be met by strong resistance.
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AUD Prices May Fall Into 2019, AUD/CAD at Risk to Reversal Pattern

The Australian Dollar may be setting itself up for declines in the final weeks of 2018. AUD/USD and AUD/NZD look vulnerable while AUD/CAD is overshadowed by a bearish reversal pattern.
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EUR/USD Technical Analysis: Triangle Setup Carries Bearish Cues

The Euro looks to have carved out Triangle chart pattern, hinting at on-coming continuation of the dominant downward trend against the US Dollar.
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FX Price Action Setups in EUR/USD, GBP/USD, USD/CHF and NZD/USD

Compression and congestion setups reign supreme around the US Dollar at the moment, and next week's FOMC rate decision may provide the fuel for some breaks.
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DJIA: Dow Jones Attempts to Re-Gain Footing Ahead of December FOMC

The fourth quarter of this year has brought a stark change-of-pace to US equity markets. Will the FOMC give stock bulls a reprieve at next week's rate decision when looking to 2019 and thereafter?
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by  Nancy Pakbaz, CFA

EUR/USD: Traders Remain Net-Long Despite a Mixed Bias

The combination of current sentiment and recent changes gives us a further mixed EURUSD trading bias.
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NZD/USD Technical Outlook: Price Reversal Targeting Trend Support

Kiwi reversed off up-trend resistance last week and we’re trading the pullback. These are the targets & invalidation levels that matter on the NZD/USD charts.
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DXY Index Holds Near Yearly Highs Ahead of UK No-Confidence Vote, US CPI

Volatility in FX markets remains elevated with a full slate of data and events due out today.
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EUR/USD Rate to Stay Afloat on Mixed U.S. CPI Report

Updates to the U.S. Consumer Price Index (CPI) may keep EUR/USD afloat as the headline reading is projected to slow to 2.2% from 2.5% per annum in October.
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Trading Outlook for Dow Jones, DAX 30, Gold Price, Crude Oil, Copper & More

The Dow looks like it may have found a low on Monday, which should help stabilize the DAX; gold is trying to hold support while crude oil continues to digest losses.
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NZD/USD Weekly Price Outlook: Kiwi Rally Runs into Resistance

The New Zealand Dollar is struggling after responding to confluence resistance last week. Here are the levels that matter on the NZD/USD weekly chart into the year-end.
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Technical Outlook for the USD Index, EUR/USD, EUR/AUD, Gold Price & More

The DXY is a chop-fest right now while the Euro continues to contract within a triangle, EUR/AUD has resistance worth watching, gold may climb a little higher before resistance.
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EUR/GBP Technical Analysis: Brexit Bullish Push, 2018 Highs Next?

Brexit news propelled EUR/GBP prices higher despite technical bearish signs. If August 2018 highs are breached, bullish confirmation may result in testing August 2017 highs thereafter.
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GBP/USD: Pound Plummets Through Key Support as May Calls Off Vote

It's been a rough start to the week for GBP bulls, and GBP/USD pushed down to fresh 18-month lows this morning, taking out a big support level in the process.
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S&P 500 Breaks Important Support, US Dollar and ETH Consolidate

SP 500 broke the October low which opens the door for a much deeper correction. DXY and Ether consolidate and consider reversals.
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Weekly Trade Levels for DXY, EUR/USD, USD/CAD, Gold & More

Webinar highlighting setups we’re tracking across the US Dollar Majors. Here are the updated targets & invalidation levels that matter this week.
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Weekly Technical Forecast: Proximity to Key Technical Boundaries Puts Many Markets at Risk of Breaks

We are facing a market that will have to resolve a conflict of historical norms with structural risks. December is known as a quiet month, but the exceptional consistency in volatility throughout 201...Continue Reading

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Euro Weekly Technical Forecast: Bottoming Efforts Under Way in Several Crosses

The Euro has seemingly halted its decline since early-October, setting the stage for bottoming efforts in several EUR-crosses, including EUR/USD.
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Gold Technical Outlook: Price Breakout Approaching Initial Targets

A breach above the November range takes gold prices near five-month highs. Here are the targets & invalidation levels that matter on the XAU/USD charts next week.
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Technical Forecast for the S&P 500, Dow Jones, DAX 30 & FTSE

Last week was a wild one and next could be too, but volatility may diminish a bit as long as support levels hold.
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Dollar Wind Up Threatens to Resolve with a Break Before 2018 Ends

The Dollar’s bullish progress through 2018 has flagged significantly over the past three weeks. The chart looks primed for a break as liquidity fights resolution on a critical move. Yet, volati...Continue Reading

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GBPUSD Weekly Technical Outlook: Sterling Remains Weak

Both the four-hour and daily GBPUSD chart point to lower prices ahead with a re-test of the 1.2660 low on the cards.
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WTI Holds Near $50/bbl; Bounce May Very Well Be Bull Trap

A sharp drop appears to have found support near $50/bbl. despite increasingly worrisome signs about global demand in 2019 possibly indicating a short-term low is in place.
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AUD/USD, AUD/JPY and EUR/AUD Trend Lines Broken. Reversals Extend

Fading momentum in the Australian Dollar preceded losses against the greenback, Japanese Yen and Euro. With trend lines broken, AUD/USD, AUD/JPY and EUR/AUD may extend their reversals.
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